Biwin Storage Technology Co (SHSE:688525) Accounts Payable & Accrued Expense : ¥718 Mil (As of Mar. 2024)

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What is Biwin Storage Technology Co Accounts Payable & Accrued Expense?

Biwin Storage Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥687 Mil) to Dec. 2023 (¥808 Mil) but then declined from Dec. 2023 (¥808 Mil) to Mar. 2024 (¥718 Mil).

Biwin Storage Technology Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥518 Mil) to Dec. 2022 (¥381 Mil) but then increased from Dec. 2022 (¥381 Mil) to Dec. 2023 (¥808 Mil).

Biwin Storage Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Biwin Storage Technology Co's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Biwin Storage Technology Co Accounts Payable & Accrued Expense Chart

Biwin Storage Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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331.16

393.51

518.14

381.09

807.88

Biwin Storage Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										477.43	686.48	686.79	807.88	717.50

Biwin Storage Technology Co Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Biwin Storage Technology Co (SHSE:688525) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Biwin Storage Technology Co Ltd (SHSE:688525) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

No. 1213, Liuxian Avenue, Taoyuan Street, Floor 1-3, Building 4, Building 4, Zone 2, Zhongguan Honghualing Industrial South District, Pingshan Community, Nanshan District, Guangdong, Shenzhen, CHN, 518055

Website

https://www.biwin.com.cn

Biwin Storage Technology Co Ltd focuses on the research and development and packaging and testing of memory chips. The company integrates storage medium characteristic research, firmware algorithm development, storage chip advanced packaging, storage chip test equipment R&D and algorithm development, brand operation and others. Its memory chip products are widely used in mobile smart terminals, PCs, industry terminals, data centers, smart cars, mobile storage and other information technology fields.

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